Part 5 of Understanding Federal Tyranny
examines President Franklin Delano Roosevelt's April 5, 1933 gold confiscation executive order no. 6102, showing it to be a masterpiece of deception and fraud.
The only "persons" who could be commanded to deliver their gold to the banks were bank shareholders who had a legal obligation by the 1913 Federal Reserve Act to back their banking liabilities with gold.
The President's Decree of '33 was but a Margin Call on those banking shareholders to shore up their over-extended banking liabilities.
Instead, with the help from government, financiers were allowed a spectacular financial coup from what should have broken them.